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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Neil S who wrote (25338)	1/3/2000 12:57:00 PM
From: Nine_USA	Read Replies (1) \| Respond to of 29386

Of interest to Ancor investors: (copied from the Intel thread) _______________________________________________________________ To: +carl a. mehr (94853 ) From: +Paul Engel Monday, Jan 3 2000 1:48AM ET Reply # of 94877 Carl & Intel Investors - A Very Interesting Tale of a Short Seller ! Only Slightly Off Topic David Tice - of the Prudent Bear Fund - appears on CNBC quite often and bashes everything that has made America great. According to CNBC reports, he recently helped send shares of TYCO plummeting on his assertions of accounting irregularities. To illustrate the often (but not always) incompetence of CNBC's reporters, no CNBC person has ever forced - or even politely ASKED - David Tice to reveal his Prudent Bear Fund's performance over the past few years. Oh....what a story they MISSED !!! Mr. Tice has kindly posted his annual reports on his Web Site: prudentbear.com His latest - dated 9/30/99 - has revealed the following : From 12/28/95, a $10,000 investment in Prudent Bear's No Load Shares was worth - as of 9/30/99 - $4,910 !!! while an "equivalent" investment in the Nasdaq was now worth $26,359 !!! BOZO TICE wiped out over 50% of his clients investments from 12/28/95 to 9/30/99 - and the NASDAQ has SOARED SPECTACULARALY since 9/30/99 - probably wiping out his clients' money by an even more staggering amount ! I can't wait for Tice to post his most recent results ! I encourage everyone to DOWNLOAD his semi-annual report at the URL: prudentbear.com In the report, he lists hundreds of stocks he has shorted - most stocks which have improved greatly (Intel, Dell, Ciena) as well as stocks that have SOARED recently - including Ancor Communications (which has nearly TRIPLED since 9/30/99 - since Intel announced an investment in Ancor ), Cisco, Amazon, Egghead, NVidia, Motorola !!! This man is taking his clients' money and making it DISAPPEAR - sending it to MONEY HEAVEN ! I expect to hear "Big Things" from Mr. Tice - such as liquidation of his fund (if there is any money left) if this BULL MARKET continues. Paul

To: Neil S who wrote (25338)	1/3/2000 5:07:00 PM
From: Pigboy	Respond to of 29386

Happy Belated New Year all, even all those with enough nads to short this wonderful company. You bought my presents this Holiday. ;-) Cheers, pigboy Here's more from that CNBC interview--courtesy dan4ancr from a Yahoo post messages.yahoo.com <<< CNBC host: "The theory about the Internet is, 'You have all these websites, how are you going to store them.'" David Bayer : "Yes, there is an interesting emerging opportunity, we talked about it last time with Veritas, in managing the data. This (Ancor) is managing the data at the hardware level, using something called the Storage Area Network Fabric. The idea of the SANs, as they are called, is that you don't want to have a bottle-neck going through the server in managing all the data that is being collected for the Internet. So you want to do a Switched Fabric to move the data to all the data servers very efficiently, and this (Ancor) is one of the two leading companies in that. The other is Brocade, which is a very good company, but I think that this one (Ancor) has a more interesting valuation in terms of market cap to revenues." >>>